Top CEOs, in private conversations and pleas to President Trump, are warning of economic catastrophe if America doesn’t begin planning for a phased return to work as soon as May, corporate leaders tell Axios.
Why it matters: The CEOs say massive numbers of companies, big and small, could go under if business and government don’t start urgent talks about ways groups of workers can return.
Several of these leaders told us they want to have a hard national conversation about tradeoffs involved in any widespread lockdowns beyond the middle of next month.
They know most wouldn’t return until June or later, but fear a lack of urgency on many going back sooner.
They realize it sounds callous to talk about work when people are scared of death, but believe it’s an urgent debate the nation needs. Several are debating going public with this concern, but fear the optics and timing look discordant.
Chosen excerpts by Job Market Monitor. Read the whole story @ What top CEOs fear telling America about the coronavirus shutdown – Axios